Knicks Rumors

Timberwolves’ Jimmy Butler Requests Trade

1:25pm: The Nets, Knicks, and Clippers are Butler’s three preferred destinations, reports ESPN’s Adrian Wojnarowski (via Twitter).

12:48pm: Timberwolves All-NBA swingman Jimmy Butler has requested a trade, league sources tell Jon Krawcznyski and Shams Charania of The Athletic. According to the duo, Butler has given Minnesota a list of one to three teams with which he’d be open to signing a long-term extension, informing the Wolves that he doesn’t intend to sign a new deal with the team next summer.

Butler, who spent the first six years of his NBA career with the Bulls, was traded to the Timberwolves during the 2017 offseason and helped the club snap its 13-year postseason drought in the spring. Despite being limited to 59 games due to injuries, Butler earned All-Star and All-NBA Third Team nods in 2017/18, averaging 22.2 PPG, 5.3 RPG, 4.9 APG, and 2.0 SPG while playing strong perimeter defense.

Although Butler enjoyed a strong individual season and the Wolves took strides toward title contention, there were whispers throughout the year about tension among the club’s stars. A report in July suggested that Butler was “all but fed up with the nonchalant attitude of his younger teammates,” including Karl-Anthony Towns. Earlier this week, we heard that Towns may be postponing his contract extension decision until he sees what happens with Butler.

Still, Krawcyznki hears that possible issues with Towns and Andrew Wiggins have “very little, if anything,” to do with Butler’s trade request. It’s more to do with contractual matters, Krawczynski adds (via Twitter).

Butler is technically under contract for two more years, but he’ll have an opportunity to hit the open market in 2019 by turning down his player option. If the Wolves expect him to jump ship at that point – and there have been rumors that he’s interested in playing alongside Kyrie Irving – then it makes sense to gauge the trade market for him before then. However, head coach and president of basketball operations Tom Thibodeau has been “resistant” to the idea of moving his star wing, tweets Krawczynski.

Butler, who informed the Wolves of his stance during a meeting on Tuesday to discuss his future, already turned down a contract extension offer from the team earlier this offseason. As we noted at the time, Minnesota is limited to offering four new years worth just over $100MM at this point — the club could go much higher with its offer in free agency, when Butler would be eligible for a five-year contract worth up to a projected $190MM. If he signs with a new club, Butler would be limited to approximately $141MM over five years.

If Butler is traded, his Bird rights would be traded along with him, so his new team would gain the ability to offer a five-year contract worth an estimated $190MM. Those may be the “contractual matters” Krawczynski is alluding to. It’s also possible Butler would be more willing to consider an extension prior to free agency if he joins a team on his wish list. CBA restrictions would prevent him from being eligible for that four-year, $100MM+ extension for six months after being traded though.

From the Timberwolves’ perspective, moving on from Butler may alleviate some long-term cap concerns, as carrying maximum contracts for Wiggins, Towns, and Butler beginning in 2019/20 might not have viable. Of course, it won’t be easy for Minnesota to recoup fair value for its four-time All-Star now that his trade request has been leaked publicly.

As for the teams that may be of interest to Butler, it’s safe to say that his short list probably includes at least one or two big-market clubs. Joe Vardon of Cleveland.com (Twitter link) hears from a source that Butler is likely interested in the Knicks. A report last month indicated that Butler would consider the Lakers in free agency.

However, Knicks president Steve Mills just talked about not wanting to surrender big trade packages for players that may be available in free agency, and the Lakers don’t really have the salaries necessary to make a Butler deal work at this point. The Lakers – and many more teams around the NBA – will be in a better position to make deals when various trade restrictions lift after December 15.

Photo courtesy of USA Today Sports Images.

Courtney Lee Says He’s Not Seeking Trade

Responding to rumors that he’s seeking a trade out of New York, veteran swingman Courtney Lee tells Ian Begley of ESPN.com (Twitter link) that he’s happy to be a Knick, refuting the idea that he prefers to be dealt. According to Begley, Lee has not expressed a desire to be moved.

A story from Marc Berman of The New York Post jump-started the Lee rumor mill, though for what it’s worth, Berman’s report doesn’t say that the 32-year-old wants to be traded. If he gets traded, Berman writes, Lee’s preference would be to join a playoff team or contender. According to the Post scribe, the Knicks have explored the trade market in search of a possible Lee deal.

Trading Lee would make sense for the Knicks, who aren’t expected to be in the playoff mix this season with Kristaps Porzingis still recovering from his ACL tear. Lee, who will turn 33 next month, is under contract for two more years, but probably isn’t part of New York’s long-term plans, and he’s coming off one of his best seasons, meaning his trade value should be higher than in the past.

In 76 games (30.4 MPG) in 2017/18, Lee averaged 12.0 PPG on .454/.406/.919 shooting, chipping in 2.9 RPG, 2.4 APG, and 1.1 SPG. While he might not be a difference-maker for a contending team, Lee is the sort of three-point marksman on the wing that many playoff clubs could use.

While it remains to be seen if the Knicks will push to move Lee before the season or at the trade deadline, the franchise has been sending some subtle signals this season that he’s not a future building block.

A Knicks Instagram post in August on the “Future of New York” featured a montage of nine players, including Trey Burke, Emmanuel Mudiay, and Lance Thomas, but didn’t include Lee. Earlier this week, new head coach David Fizdale referred to Thomas as a “natural” lader, but didn’t mention Lee, who was a co-captain last season alongside Thomas.

Knicks Determined To Stick To Long-Term Plan

The Knicks have a plan in place, one that doesn’t involve taking shortcuts or making decisions that don’t align with long-term goals. Team president Steve Mills reiterated that the franchise won’t deviate from that blueprint, as Marc Berman of The New York Post relays.

“We’re going to build this team the right way,” Mills said when asked during a “town hall” forum with some of the team’s season holders if the Knicks would trade for any notable 2019 free-agents-to-be. “We’re not going to trade assets that we can get on our own later. … We’re not taking shortcuts. We’re not going to trade our draft picks. We believe New York will buy into a plan.”

Kyrie Irving has long been rumored to be on the team’s radar. Jimmy Butler seems destined for a new team, as he’s meeting with the Wolves today to discuss his future with the club. Kemba Walker, a New York native, is also scheduled to be a free agent. The Knicks believes it’s too early to know which star would be the best fit.

“Our main focus is the ’18/19 season,” GM Scott Perry added. “As much as we talked about having cap space, we are trying not to get too far ahead of ourselves. This team requires our undivided attention. I understand fans drifting to the future. Part of my job and Steve’s job is to stay grounded. We’ll deal with that class next summer when that arises.’’

The Knicks haven’t made the playoffs since the 2012/13 season and Mills understands that fans, especially those from the Big Apple, are getting impatient.

You have a reason to be skeptical,” Mills said to the season-ticket holders. “All we can do is by demonstrating what we do. We’re sticking with the plan. Since Scott’s been aboard, we’ve been true to what we said we’d do. I’m a New Yorker. I don’t want what happened in the past to happen again.”

Latest On Kristaps Porzingis

Kristaps Porzingis spent much of the summer in Spain rehabbing as he recovers from a torn ACL, but he has remained in close contact with the Knicks.

“KP is engaged — we’re in a good place with him,” team president Steve Mills said of the former No. 4 overall pick during a recent “town hall” forum with season-ticket holders (via Marc Berman of The New York Post).

Mills was asked if having Porzingis sit out for the entire season was the best course of action for the team to take with its top player.

“Our goal is not to do anything that jeopardizes KP’s future as being one of the foundational pieces of this team,” Mills said. “…. We’ll have some medical evaluations of him this week, and we’ll start to develop [what] the right plan is for him, his plan to come back. But we’re not going to do anything that jeopardizes the future of this franchise. We’re going to be consistent and stay true to that.”

The Knicks can offer Porzingis an extension worth approximately $158MM over five years prior to the start of the 2018/19 season. It’s unlikely he’ll receive such as offer, as the team plans to preserve its cap space in hopes of luring at least one max player. Kyrie Irving, Jimmy Butler, and Kemba Walker are among the players who will be unrestricted free agents after the season.

New York will be able to go over the cap to sign Porzingis to a new deal next summer.

Northwest Rumors: Butler, Porter, Thunder, Aminu

The Nets, Knicks, Nuggets, Sixers and Lakers are potential landing spots for Jimmy Butler if the Timberwolves decide to trade him before he hits free agency next summer, Frank Urbina of HoopsHype opines. Butler is reportedly meeting with Minnesota’s brass on Monday to discuss his future with the organization. The Nets could offer a package featuring the Nuggets’ top-12 protected 2019 first-round pick, as well as defensive-minded wing Rondae Hollis-Jefferson, while Denver could make either Jamal MurrayGary Harris and Michael Porter Jr. the centerpiece in a deal for the All-Star wing, Urbina adds.

We have more from around the Northwest Division:

  • Porter is trying to return to full strength after two back surgeries and there’s no guarantee he’ll play this season, Christopher Dempsey of the team’s website writes in a player profile. The Nuggets will keep him on the sidelines until they’re convinced the rookie forward won’t have any setbacks. There’s no timetable on when he will be ready to make his debut, Dempsey adds.
  • Defense will be the Thunder’s biggest strengths this season, according to Basketball Insiders’ season preview of the team. The return of Andre Roberson from his knee injury and the subtraction of Carmelo Anthony give the Thunder five above-average-to-elite defenders in their lineup. Oklahoma City’s biggest issue is closing out games but without the chemistry issues caused by trying to fit Anthony in with Russell Westbrook and Paul George, its performances in the clutch should also improve this season.
  • Trail Blazers forward Al-Farouq Aminu and center Jusuf Nurkic have returned to Portland after competing in regional FIBA World Cup qualifiers last week, according to Casey Holdahl of the team’s website. Aminu helped Nigeria go 3-0 during the tournament but Bosnia and Herzegovina went winless in two games despite the efforts of Nurkic.
  • Shooting guard Darius Johnson-Odom has remained in Minnesota to work out following his recent tryout with the Timberwolves, Darren Wolfson of KSTP tweets. He could still be added to the training camp roster, Wolfson adds.

Steve Mills, Knicks Actively Embrace Patience

It’s hard to be patient when building a team under the spotlight of New York City, Knicks president Steve Mills is acutely aware of just that. Still, after 45 years without a title and two particularly disappointing decades, the club is going to try it out.

I believe [Knicks] fans will accept a team that has a plan and you stick with it and if you deliver players, you do have some hope,” Mills told Steve Popper of Newsday. “[…] We think we have something we can see is different as long as we have the patience to stick to it.

Among other things, the Knicks will need to wait for Kristaps Porzingis to return from a knee injury months into the 2018/19 season and hope for progress out of raw 2017 lottery pick Frank Ntilikina.

  • There are less than 10 days until training camp begins. Currently, two Atlantic Division teams have maxed out their rosters at 20. The Knicks, Raptors and 76ers all have one more space to fill. Check out our list of NBA roster counts for the rest of the league, broken down by team.

Irving Is Most Realistic Free Agent Target

Kyrie Irving tops the Knicks’ wish list in free agency next summer because he’s their most realistic target, A. Sherrod Blakely of NBC Sports Boston opines. Kevin Durant or Kawhi Leonard would elevate the franchise even more than Irving but both of those potential free agents would be much harder to land, Blakely continues. Securing Irving’s services won’t be easy, either, but the Knicks have a better chance with the Celtics point guard, who grew up in New Jersey. It’s not only his ability but potential availability that makes him attractive to the Knicks’ front office, Blakely adds. Blakely declared that Irving topped the Knicks’ wish list during a podcast this week.

Knicks Likely To Part With Joakim Noah Before Camp

The Knicks plan to resolve the Joakim Noah situation before training camp begins, tweets Shams Charania of The Athletic. The team continues to make calls in an effort to find a trading partner and is expected to waive and stretch the veteran center’s contract if a deal can’t be worked out.

Noah has two seasons and $37.8MM remaining on the four-year, $72MM agreement he signed in 2016. With this year’s salary already locked in, New York can stretch the remaining $19.295MM over three years. That would amount to payments of about $6.4MM per year and would add an additional $12.9MM in cap space for next summer, when the Knicks are hoping to make a splash in free agency.

It’s also possible that Noah might accept a partial buyout on this season’s salary of $18.53MM to gain his freedom from a team that no longer want him, just as Luol Deng did with the Lakers.

Noah appeared in just seven games last season because of a combination of suspensions, injuries and coach’s decisions. He left the team in January after a heated confrontation with former coach Jeff Hornacek in practice and never returned.

It’s not clear where Noah’s next destination might be, whether he gets traded or waived. The Timberwolves, who have added four former Bulls under coach/executive Tom Thibodeau, were thought to be a possibility, but a report this week claims they aren’t interested.

Kyrie Irving Tops Knicks’ Summer Wish List

Kyrie Irving will be the Knicks’ top target in free agency next summer, A. Sherrod Blakely of NBC Sports Boston said in an appearance on the Bulls talk podcast (hat tip to Kurt Helin of NBC Sports).

Irving is expected to opt out of a $21.3MM salary for next season and become part of a stellar free agent class that will also include Kevin Durant, Kawhi Leonard and Klay Thompson. The Knicks will have enough cap room to make a maximum offer if they use the stretch provision on Joakim Noah, and team officials see Irving as the best fit and most accessible target.

“I can tell you right now, the New York Knicks, he is their No. 1 target,” Blakely said. “I’ve spoken with people within that organization. They have made it absolutely crystal clear to me that, if they had their pick of guys that are going to be in the free agent market this summer, Kyrie would be their first, second, third and fourth choice.”

Irving is about to enter his second season with the Celtics after being acquired from Cleveland last summer. He missed the playoffs after having surgery on his left knee late in the season, but has reportedly made a full recovery and is expected to be ready for training camp. Irving posted a 24.4/3.8/5.1 line in 60 games last season.

Boston is hoping to re-sign Irving, of course, but the team will be faced with some tough financial choices. Terry Rozier, who excelled in the playoffs in Irving’s absence, is entering a contract year, Marcus Morris will be a free agent and Al Horford and Aron Baynes can join Irving in opting out of their 2019/20 deals.

Wolves Reportedly Not Interested In Joakim Noah

Even though they’ve assembled a collection of former Bulls, the Timberwolves don’t plan to pursue Joakim Noah if he becomes a free agent, tweets Marc Stein of The New York Times.

Minnesota signed ex-Laker Luol Deng this week, adding him to Jimmy Butler, Derrick Rose and Taj Gibson as players who were with Chicago under current Wolves coach/executive Tom Thibodeau.

The Knicks are reportedly planning to use the stretch provision to unload Noah if they can’t work out a trade or buyout. With this year’s $18.53MM salary already locked in, New York can turn the $19.295MM it owes Noah for the 2019/20 season into three payments of roughly $6.4MM a year. That would open about $12.9MM in cap room for next summer when the Knicks hope to make a splash on the free agent market.

Noah has been a major disappointment since coming to New York on a four-year, $72MM contract in 2016. Suspensions, injuries and coaching decisions limited him to seven games last season, and he never rejoined the team after an altercation in practice with former coach Jeff Hornacek in January.

While a reunion with Thibodeau may seem like the logical next step for Noah, there’s no guarantee he would have more playing time in Minnesota than he did in New York. Karl-Anthony Towns is entrenched as the Wolves’ starting center with Gorgui Dieng in place as the backup.